Compare Stocks

2 / 10
Try these comparisons:

Stock Comparison

CRGO vs FWRD

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
CRGO
Freightos Limited Ordinary shares

Integrated Freight & Logistics

IndustrialsNASDAQ • HK
Market Cap$105M
5Y Perf.-79.1%
FWRD
Forward Air Corporation

Integrated Freight & Logistics

IndustrialsNASDAQ • US
Market Cap$547M
5Y Perf.-82.5%

CRGO vs FWRD — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
CRGO logoCRGO
FWRD logoFWRD
IndustryIntegrated Freight & LogisticsIntegrated Freight & Logistics
Market Cap$105M$547M
Revenue (TTM)$29M$2.46B
Net Income (TTM)$-18M$-91M
Gross Margin66.8%23.1%
Operating Margin-65.0%2.1%
Total Debt$4M$2.16B
Cash & Equiv.$16M$106M

CRGO vs FWRDLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

CRGO
FWRD
StockNov 21May 26Return
Freightos Limited O… (CRGO)10020.9-79.1%
Forward Air Corpora… (FWRD)10017.5-82.5%

Price return only. Dividends and distributions are not included.

Quick Verdict: CRGO vs FWRD

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: FWRD leads in 3 of 6 categories, making it the strongest pick for profitability and margin quality and recent price momentum and sentiment. Freightos Limited Ordinary shares is the stronger pick specifically for growth and revenue expansion and capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
CRGO
Freightos Limited Ordinary shares
The Income Pick

CRGO is the clearest fit if your priority is income & stability and growth exposure.

  • beta 1.98
  • Rev growth 23.9%, EPS growth 23.9%, 3Y rev CAGR 15.6%
  • Lower volatility, beta 1.98, Low D/E 9.6%, current ratio 2.16x
Best for: income & stability and growth exposure
FWRD
Forward Air Corporation
The Long-Run Compounder

FWRD carries the broadest edge in this set and is the clearest fit for long-term compounding.

  • -47.3% 10Y total return vs CRGO's -79.0%
  • -3.7% margin vs CRGO's -59.5%
  • +0.6% vs CRGO's -2.4%
Best for: long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthCRGO logoCRGO23.9% revenue growth vs FWRD's 0.8%
Quality / MarginsFWRD logoFWRD-3.7% margin vs CRGO's -59.5%
Stability / SafetyCRGO logoCRGOBeta 1.98 vs FWRD's 2.28, lower leverage
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)FWRD logoFWRD+0.6% vs CRGO's -2.4%
Efficiency (ROA)FWRD logoFWRD-3.3% ROA vs CRGO's -27.9%, ROIC 1.2% vs -37.5%

CRGO vs FWRD — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

CRGOFreightos Limited Ordinary shares
FY 2024
Subscriptions
100.0%$15M
FWRDForward Air Corporation
FY 2025
Expedited Freight Segment
81.5%$1.0B
Intermodal Segment
18.5%$231M

CRGO vs FWRD — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLCRGOLAGGINGFWRD

Income & Cash Flow (Last 12 Months)

Evenly matched — CRGO and FWRD each lead in 3 of 6 comparable metrics.

FWRD is the larger business by revenue, generating $2.5B annually — 83.6x CRGO's $29M. FWRD is the more profitable business, keeping -3.7% of every revenue dollar as net income compared to CRGO's -59.5%. On growth, CRGO holds the edge at +12.4% YoY revenue growth, suggesting stronger near-term business momentum.

MetricCRGO logoCRGOFreightos Limited…FWRD logoFWRDForward Air Corpo…
RevenueTrailing 12 months$29M$2.5B
EBITDAEarnings before interest/tax-$16M$206M
Net IncomeAfter-tax profit-$18M-$91M
Free Cash FlowCash after capex-$10M$38M
Gross MarginGross profit ÷ Revenue+66.8%+23.1%
Operating MarginEBIT ÷ Revenue-65.0%+2.1%
Net MarginNet income ÷ Revenue-59.5%-3.7%
FCF MarginFCF ÷ Revenue-32.4%+1.6%
Rev. Growth (YoY)Latest quarter vs prior year+12.4%-5.1%
EPS Growth (YoY)Latest quarter vs prior year+63.1%+35.1%
Evenly matched — CRGO and FWRD each lead in 3 of 6 comparable metrics.

Valuation Metrics

CRGO leads this category, winning 2 of 3 comparable metrics.
MetricCRGO logoCRGOFreightos Limited…FWRD logoFWRDForward Air Corpo…
Market CapShares × price$105M$547M
Enterprise ValueMkt cap + debt − cash$93M$2.6B
Trailing P/EPrice ÷ TTM EPS-5.86x-4.98x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple13.75x
Price / SalesMarket cap ÷ Revenue3.57x0.22x
Price / BookPrice ÷ Book value/share2.42x3.32x
Price / FCFMarket cap ÷ FCF35.82x
CRGO leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

FWRD leads this category, winning 5 of 9 comparable metrics.

CRGO delivers a -40.8% return on equity — every $100 of shareholder capital generates $-41 in annual profit, vs $-53 for FWRD. CRGO carries lower financial leverage with a 0.10x debt-to-equity ratio, signaling a more conservative balance sheet compared to FWRD's 13.36x. On the Piotroski fundamental quality scale (0–9), FWRD scores 5/9 vs CRGO's 4/9, reflecting solid financial health.

MetricCRGO logoCRGOFreightos Limited…FWRD logoFWRDForward Air Corpo…
ROE (TTM)Return on equity-40.8%-52.6%
ROA (TTM)Return on assets-27.9%-3.3%
ROICReturn on invested capital-37.5%+1.2%
ROCEReturn on capital employed-37.4%+1.5%
Piotroski ScoreFundamental quality 0–945
Debt / EquityFinancial leverage0.10x13.36x
Net DebtTotal debt minus cash-$12M$2.1B
Cash & Equiv.Liquid assets$16M$106M
Total DebtShort + long-term debt$4M$2.2B
Interest CoverageEBIT ÷ Interest expense-71.01x0.32x
FWRD leads this category, winning 5 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

CRGO leads this category, winning 4 of 6 comparable metrics.

A $10,000 investment in CRGO five years ago would be worth $2,096 today (with dividends reinvested), compared to $1,978 for FWRD. Over the past 12 months, FWRD leads with a +0.6% total return vs CRGO's -2.4%. The 3-year compound annual growth rate (CAGR) favors CRGO at -3.8% vs FWRD's -42.8% — a key indicator of consistent wealth creation.

MetricCRGO logoCRGOFreightos Limited…FWRD logoFWRDForward Air Corpo…
YTD ReturnYear-to-date-8.1%-31.0%
1-Year ReturnPast 12 months-2.4%+0.6%
3-Year ReturnCumulative with dividends-10.9%-81.3%
5-Year ReturnCumulative with dividends-79.0%-80.2%
10-Year ReturnCumulative with dividends-79.0%-47.3%
CAGR (3Y)Annualised 3-year return-3.8%-42.8%
CRGO leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — CRGO and FWRD each lead in 1 of 2 comparable metrics.

CRGO is the less volatile stock with a 1.98 beta — it tends to amplify market swings less than FWRD's 2.28 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FWRD currently trades 53.4% from its 52-week high vs CRGO's 48.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricCRGO logoCRGOFreightos Limited…FWRD logoFWRDForward Air Corpo…
Beta (5Y)Sensitivity to S&P 5001.98x2.28x
52-Week HighHighest price in past year$4.24$32.47
52-Week LowLowest price in past year$1.17$14.81
% of 52W HighCurrent price vs 52-week peak+48.3%+53.4%
RSI (14)Momentum oscillator 0–10056.342.4
Avg Volume (50D)Average daily shares traded137K733K
Evenly matched — CRGO and FWRD each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates CRGO as "Buy" and FWRD as "Hold". Consensus price targets imply 113.5% upside for FWRD (target: $37) vs 46.3% for CRGO (target: $3).

MetricCRGO logoCRGOFreightos Limited…FWRD logoFWRDForward Air Corpo…
Analyst RatingConsensus buy/hold/sellBuyHold
Price TargetConsensus 12-month target$3.00$37.00
# AnalystsCovering analysts321
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises8
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%+0.2%
Insufficient data to determine a leader in this category.
Key Takeaway

CRGO leads in 2 of 6 categories (Valuation Metrics, Total Returns). FWRD leads in 1 (Profitability & Efficiency). 2 tied.

Best OverallFreightos Limited Ordinary … (CRGO)Leads 2 of 6 categories
Loading custom metrics...

CRGO vs FWRD: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is CRGO or FWRD a better buy right now?

For growth investors, Freightos Limited Ordinary shares (CRGO) is the stronger pick with 23.

9% revenue growth year-over-year, versus 0. 8% for Forward Air Corporation (FWRD). Analysts rate Freightos Limited Ordinary shares (CRGO) a "Buy" — based on 3 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — CRGO or FWRD?

Over the past 5 years, Freightos Limited Ordinary shares (CRGO) delivered a total return of -79.

0%, compared to -80. 2% for Forward Air Corporation (FWRD). Over 10 years, the gap is even starker: FWRD returned -47. 3% versus CRGO's -79. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — CRGO or FWRD?

By beta (market sensitivity over 5 years), Freightos Limited Ordinary shares (CRGO) is the lower-risk stock at 1.

98β versus Forward Air Corporation's 2. 28β — meaning FWRD is approximately 15% more volatile than CRGO relative to the S&P 500. On balance sheet safety, Freightos Limited Ordinary shares (CRGO) carries a lower debt/equity ratio of 10% versus 13% for Forward Air Corporation — giving it more financial flexibility in a downturn.

04

Which is growing faster — CRGO or FWRD?

By revenue growth (latest reported year), Freightos Limited Ordinary shares (CRGO) is pulling ahead at 23.

9% versus 0. 8% for Forward Air Corporation (FWRD). On earnings-per-share growth, the picture is similar: Forward Air Corporation grew EPS 88. 3% year-over-year, compared to 23. 9% for Freightos Limited Ordinary shares. Over a 3-year CAGR, CRGO leads at 15. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — CRGO or FWRD?

Forward Air Corporation (FWRD) is the more profitable company, earning -4.

3% net margin versus -59. 5% for Freightos Limited Ordinary shares — meaning it keeps -4. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FWRD leads at 1. 5% versus -65. 0% for CRGO. At the gross margin level — before operating expenses — CRGO leads at 66. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Which pays a better dividend — CRGO or FWRD?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

07

Is CRGO or FWRD better for a retirement portfolio?

For long-horizon retirement investors, Forward Air Corporation (FWRD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding.

Freightos Limited Ordinary shares (CRGO) carries a higher beta of 1. 98 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (FWRD: -47. 3%, CRGO: -79. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

08

What are the main differences between CRGO and FWRD?

Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: CRGO is a small-cap high-growth stock; FWRD is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

CRGO

Quality Business

  • Sector: Industrials
  • Market Cap > $100B
  • Revenue Growth > 6%
  • Gross Margin > 40%
Run This Screen
Stocks Like

FWRD

Quality Business

  • Sector: Industrials
  • Market Cap > $100B
  • Gross Margin > 13%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform CRGO and FWRD on the metrics below

Revenue Growth>
%
(CRGO: 12.4% · FWRD: -5.1%)

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.